Beate Uhse Keeps Alive With €2.7M Cash Infusion

Beate Uhse Keeps Alive With €2.7M Cash Infusion

FLENSBURG, Germany — Adult retail chain Beate Uhse AG on Tuesday received a €2.7 million loan from financial investment firm Robus Capital to help keep the company afloat.

With fresh capital, Beate-Uhse can replenish its stock at its stores and further reorganize the European retail chain, which filed for insolvency last month.

The cash infusion “gives the management again first room for maneuver in order to further promote the reorganization," Beate Uhse told German regulators.

For Robus Capital, it’s not the first investment the firm has made with the European chain that sells lingerie, adult DVDs and sex toys and novelties.

Robus Capital previously issued a corporate bond valued at €30 million benefitting Beate Uhse.

The bond, however, eventually led to the company’s filing for insolvency. Last month, Beate Hause found that it couldn’t come up with an agreement with creditors to repay the €30 million debt by 2019 as agreed upon.

Beate Uhse’s application for insolvency, which is equivalent to Chapter 11 in the U.S., allows for a plan of reorganization to keep the business running and pay creditors over time under jurisdiction of the court system.

Revenue has been on a long slide for more than a decade for the Flensburg, Germany-based company, which grew to 300 stores with sales peaking at €285 million in 2005.

Ten years later, in 2015, Beate Uhse, found revenue totaling less than half that figure at €129 million.

Michael Specht, who took over as Beate Uhse’s CEO in April, said last month that he’s hopeful for the 71-year-old company’s future.

"We have followed a path in which we are very confident that we will be able to restructure the group as a whole," he said.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Texas Resumes AV Lawsuit Against Aylo Following SCOTUS Decision

A district court judge in Texas has unfrozen the state’s $1.6 million lawsuit against Aylo for allegedly failing to comply with age verification requirements, Bloomberg Law is reporting.

Blush Introduces 'Splash' Vibe

Blush has debuted its new duck-themed Splash vibrator.

SVibe Debuts 2 New Vibrators

SVibe has introduced two new vibrators.

JuicyAds Wins Trademark Infringement Case Against Fraudulent Domain

JuicyAds has won its World Intellectual Property Organization (WIPO) case against a website using a similar domain to impersonate the company's site and defraud customers.

ProDx Health Introduces 'Power Femme' Test

ProDx Health has introduced its new Power Femme Home Collection Kit.

Orion Expands Cottelli 'Accessoires' Line

Orion Wholesale has introduced five new “It” pieces from its Cottelli Accessoires line.

ANME Wraps With Product Drops and Partnerships

ANME wrapped on Wednesday, the event’s third day, after delivering a mix of product launches, power meetings and networking — all while preserving the laid-back vibe that attendees say always makes ANME feel like a homecoming.

Playharda Wholesale, Secret Dome Ink U.K. Distro Deal

Playharda Wholesale and BDSM brand Secret Dome have signed a deal for UK distribution.

Hankey's Toys Releases 'Kitsune's Knot' Dildo

Mr. Hankey's Toys has introduced its new Kitsune’s Knot dildo.

France Reinstates Age Verification Rule for EU Sites

France’s highest court, the Council of State, on Tuesday reinstated age verification rules for EU-based sites under the country’s Security and Regulation of the Digital Space (SREN) law, ruling in favor of the French government and against Hammy Media.

Show More